Checkpoint Systems (CKP) Tops Q4 EPS by 5c; Guides FY15 Below the Street

Checkpoint Systems (NYSE: CKP) reported Q4 EPS of $0.26, $0.05 better than the analyst estimate of $0.21. Revenue for the quarter came in at $183.1 million versus the consensus estimate of $171.9 million.

Checkpoint Systems sees FY2015 EPS of $0.40-$0.50, versus the consensus of $0.84. Checkpoint Systems sees FY2015 revenue of $575-625 million, versus the consensus of $668.3 million.

Mr. Richard added, "Like many other multinational companies, we will face tremendous currency headwinds in 2015 due to the strengthening US dollar. Over two-thirds of our revenues are denominated in foreign currencies with particular exposure to the Euro, the Japanese Yen, the British Pound and the Australian Dollar. We expect fiscal 2015 total capital expenditures in the range of $20 to $25 million. We expect our continuous working capital improvement projects will help offset the free cash flow impact of our increased capital spending."

For earnings history and earnings-related data on Checkpoint Systems (CKP) click here.

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